Question: Question 4 1 pts he The average returns, standard deviations, and betas for three funds are given below along with data for the S&P 500

 Question 4 1 pts he The average returns, standard deviations, and

Question 4 1 pts he The average returns, standard deviations, and betas for three funds are given below along with data for the S&P 500 Index. The risk-free return during the sample period is 6%. Fund Avg Std Dev Beta 13 6% 40% 81315325910 C 12496 30% 13 S&P 500 1204 139 Based on the M2 measure, fund the S&P 500 by underperform-5.6% O outperform, 3.2% outperform, 5.6% underperform. -28% outperform, 2.8%

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